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Latest Currency News Headlines

Pound Australian Dollar (GBP/AUD) Exchange Rate Returns to Downtrend Amid Brexit Uncertainty

14 Mar 2019 at 3 PM - Written by Frank Davies

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Fails to Hold Gains After Latest Brexit Vote After hitting its highest level since the Brexit referendum the Pound Sterling to Australian Dollar (GBP/AUD) struggled to hold onto its bullish trend. While MPs voted to rule out a no-deal Brexit during Wednesday’s debate this was not enough to keep the Pound on a stronger footing for long. Even though the risk of the...

CATEGORIES: Pound Australian Dollar Forecasts

Euro US Dollar (EUR/USD) Exchange Rate Sinks as German CPI Falls Below Expectation

14 Mar 2019 at 2 PM - Written by John Cameron

EUR/USD Exchange Rate Falls as Euro Traders Brace for Brexit Vote The Euro US Dollar (EUR/USD) exchange rate is down by nearly 0.2% today and is currently trading around $1.1311 on the inter-bank market. EUR fell against the stronger US Dollar today despite the publication of the year-on-year German Harmonised Index of Consumer Prices figures for February holding steady at 1.7%. These were followed by the publication of...

CATEGORIES: American Dollar Forecasts Currency Predictions Daily Currency Updates Euro Forecasts

Australian Dollar to US Dollar Exchange Rate: AUD/USD Falls on Better-than-Forecast US Orders

13 Mar 2019 at 2 PM - Written by John Cameron

Australian Dollar US Dollar (AUD/USD) Exchange Rate Dips as US Durable Goods Rises Today the Australian Dollar US Dollar (AUD/USD) exchange rate has fluctuated over the course of the session, with the pairing currently trading down at an inter-bank rate of $0.7056. Data showed that US non-defence capital goods orders (excluding aircraft) rose by a better-than-forecast 0.8% in January. This was the highest rise in orders...

CATEGORIES: American Dollar Forecasts

Pound Canadian Dollar Exchange Rate in Fresh Surge as No-Deal Brexit tol Be Avoided

13 Mar 2019 at 1 PM - Written by Minesh Chaudhari

A fairly resilient Canadian Dollar, as well as market demand for riskier trade-correlated currencies, briefly saw the British Pound to Canadian Dollar (GBP/CAD) exchange rate shed all of Monday’s gains yesterday, but continued Brexit speculation has kept the Pound buoyed above the week’s opening levels as investors anticipated upcoming major Brexit developments. Since opening this week at the level of 1.7455, GBP/CAD has...

CATEGORIES: Pound Canadian Dollar Forecasts

Euro to Pound Exchange Rate: EUR/GBP Sinks Ahead of Vote on No Deal Brexit

13 Mar 2019 at 11 AM - Written by John Cameron

EUR/GBP Exchange Rate Sinks on Brexit Extension Hopes The Euro Pound (EUR/GBP) exchange rate is down by 0.5% today and is trading around €0.8597 on the inter-bank market. Sterling (GBP) recovered today following last night’s vote on Prime Minister Theresa May’s Brexit deal which lost by a majority of 149. This has opened up today’s vote on a possible no-deal Brexit, which is likely to be voted down in favour of an...

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Dollar to Pound Exchange Rate Recovery Limited by Underwhelming US Inflation and Brexit Jitters

12 Mar 2019 at 4 PM - Written by Toni Johnson

Brexit developments in recent sessions have led to broad volatility and fluctuations in the Pound, but the US Dollar to British Pound (USD/GBP) exchange rate’s support has also been limited by poor US data in recent sessions. The pair is likely to remain at the mercy of major Brexit developments in the coming sessions. Weakness in the Pound was the primary cause of USD/GBP gains last week, as the pair jumped from 0.7571 to...

CATEGORIES: Dollar Pound Forecasts

Pound Sterling to Euro Exchange Rate Drops 1.5% as Brexit Deal Looks Set for Rejection

12 Mar 2019 at 4 PM - Written by Frank Davies

Pound Sterling Euro (GBP/EUR) Exchange Rate Slumps as MPs Push Back Against Brexit Proposal As support for Theresa May’s updated Brexit proposal proved limited this left the Pound Sterling to Euro (GBP/EUR) exchange rate under pressure. Attorney general Geoffrey Cox’s legal opinion on the new proposals left MPs with limited incentive to support the deal, driving the Pound sharply lower across the board. With Theresa...

CATEGORIES: Pound Euro Forecasts

Pound to AUD Exchange Rate Plummets to -1.6% on Brexit Vote Gloom

12 Mar 2019 at 12 PM - Written by John Cameron

GBP/AUD Exchange Rate Drops as Irish Backstop Issue Weakens May’s Deal Ahead of Vote The Pound Australian Dollar (GBP/AUD) exchange rate plummeted to -1.6% today and is currently trading around AU$1.824 on the inter-bank market. Sterling (GBP) fell against the Australian Dollar (AUD) as Prime Minister Theresa May’s Brexit deal is due to face a parliamentary vote today. Many MPs, however, are critical of the ‘legally...

CATEGORIES: Australian Dollar Forecasts Currency Predictions Daily Currency Updates Pound Australian Dollar Forecasts

Pound to Dollar Exchange Rate: GBP/USD Rises despite Dovish BoE Speech and Rebound in US Retail Sales

11 Mar 2019 at 5 PM - Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Rallies despite Dovish BoE Policymaker Speech The Pound US Dollar (GBP/USD) exchange rate rallied over the course of Monday, and the pairing is currently trading at an inter-bank rate of $1.3091. This afternoon, the Bank of England’s (BoE) Jonathan Haskel said during a speech that British business investment is likely to stay low for the next few years. Because of the uncertainty...

CATEGORIES: Pound Dollar Forecasts

Euro to Dollar Exchange Rate: EUR/USD Avoids Tumbling Back to Last Week?s Yearly Lows

11 Mar 2019 at 4 PM - Written by David Woodsmith

Despite a lack of fresh strong support for the Euro since last week’s surprisingly dovish European Central Bank (ECB) decision, the Euro to US Dollar (EUR/USD) exchange rate has avoided further losses today. Investors were hesitant to sell the Euro to its worst levels amid speculation that the Eurozone could be about to see something of a turnaround. Weak Eurozone data and ECB dovishness dragged EUR/USD over a cent lower from...

CATEGORIES: Euro Forecasts